Nairobi, Thursday, August 31, 2023: Kenya Electricity Generating Company (KenGen) and Konza Technopolis Development Authority (KoTDA) today broke ground for KenGen’s Green Energy Park in Olkaria, Naivasha in a move that is set to spur industrialization in the region.
This visionary project is set to redefine industrialization while providing a sustainable and clean source of geothermal energy.
The Green Energy Park project exemplifies KenGen's commitment to shaping a more sustainable future. The Energy Park aims to harness the abundant geothermal resources in
Olkaria, providing a stable and renewable energy source for industries within the park. Notably, the park presents an alluring opportunity for investors seeking collaboration with KenGen to establish industries within a green energy-focused environment.
In his remarks, KenGen’s Board Chairman, Julius Migos Ogamba, said: “The partnership with KoTDA and the initiation of the Green Energy Park highlights the power of collaboration and the potential for positive change. This venture represents the first step towards a new era of industrialization, one that places environmental sustainability at its core.”
For his part, KenGen’s Managing Director and CEO, Eng. Peter Njenga, expressed his enthusiasm, stating: “Today marks a turning point in our journey towards sustainable development. The Green Energy Park is a testament to our dedication to innovation, collaboration, and responsible growth. This is an open invitation for investors to join us in creating a greener, more prosperous future.”
KoTDA, the pioneering investor of the Green Energy Park, has set in motion plans to establish the Eco Cloud Data Center within the park, marking the commencement of this visionary journey.
Spanning an impressive 342 hectares, the Green Energy Park will accommodate a harmonious blend of industrial and non-industrial activities. The master-planned development encompasses offices, data centers, research and development centers, hospitality spaces, a visitor experience center, and administrative and commercial facilities. The park's four-phase development plan for the period 2025 to 2045, will create a dynamic environment that fosters economic growth and innovation.
With its geothermal power plants located in Olkaria, The Home of Geothermal in Africa, KenGen is well-positioned to be a leader in sustainable energy generation. Generating about 800MW of geothermal power from this field, Kenya boasts an impressive installed geothermal capacity of 950MW, ranking seventh in the world in geothermal power generation.
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Note to Editor:
About KenGen
Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in the Eastern Africa region with an installed generation capacity market share of more than 60%. The Green Energy Park, an ambitious endeavour by KenGen, signifies a leap towards a sustainable industrial future. The company's vision is to empower businesses through affordable electricity tariffs, fostering industrialization.
Presently, KenGen PLC boasts an installed generation capacity of 1,904MW, with over 86% sourced from green outlets, including Hydro (826MW), Geothermal (799MW), Thermal (253MW), and Wind (25.5MW).
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